September, 2024 Issue

Rating agency ICRA projects the domestic steel consumption growth at a healthy 9-10% in FY2025. Demand was robust in Q1 FY2025, with consumption growing at a rate of 15% on a YoY basis amidst competitively priced imports. Demand may record some ... ...

August, 2024 Issue

During the month of July 2024 world crude steel production for the 71 countries reporting its figures to Worldsteel Association pegged a figure of 152.8 million tonnes of crude steel production which is a 4.7% decrease compared to the same figure of July 2023. Among the top... ...

July, 2024 Issue

From the month of May 2024 global steel prices underwent a correction phase amid subdued demand making imports more attractive. India’s Hot rolled coils (HRC) and plate imports are expected to surge by around 85% to 1.35 million tonnes in the second... ...

June, 2024 Issue

During the month of May, 2024 India produced around 12.2 million tonnes of steel while China produced 92.9 million tonnes and Japan produced 7.2 million tonnes. India was the only large steel producing country other than Turkey and Iran who reflected a substantial growth... ...

May, 2024 Issue

According to World Steel Association (Worldsteel) the global demand for steel is to pick up by 1.7% in the year 2024 and 1.2% in the year 2025. Worldsteel has stated that the economy worldwide appears to be moving towards a soft landing as a result of public infrastructure... ...

April, 2024 Issue

The city of Düsseldorf is coming alive once again from April 15-19, 2024. Wire and Tube 2024 is an international trade fair for the wire and cable industry that will take place from April 15–19, 2024 at the Dusseldorf Exhibition Centre. The motto of the 2024 convention is... ... ...

March, 2024 Issue

As we delve into the dynamics of the steel industry, both in India and on the global stage, it is evident that the sector is undergoing a transformative phase. The steel industry, often considered the backbone of economic development, plays a crucial role in shaping... ... ...

February, 2024 Issue

In the dynamic realm of the steel industry, January 2024 saw a 1.6% decrease in global crude steel production compared to the previous year, signaling a landscape in flux. As the industry grapples with market fluctuations, environmental concerns, and technological ... ... ...

January, 2024 Issue

In the realm of steel production, the global stage witnessed a nuanced symphony of resilience, growth and sustainability initiatives in December 2023. Despite a slight dip of 5.3% compared to the previous year, the total world crude steel production for ... ... ...

December, 2023 Issue

In the expansive world of steel, the horizon for 2024 is cast in a neutral light, as appraised by Fitch Ratings in their latest editorial review. This thorough assessment suggests that the steel markets will find themselves delicately poised, holding a slightly improved ... ... ...

November, 2023 Issue

To realise the Prime Minister’s ‘Make in India’ vision more profoundly, the government has rolled out plans to introduce labelling and branding of Indian steel as ‘Made in India’ steel in the global market. ISPs-QCI (Quality Council of India) portal Application... ...